Fed’s Outright Treasury Debt Purchases May Top $300 Billion

By | July 5, 2021

“The Federal Reserve will likely reemerge as the biggest buyer of Treasuries when it resumes purchasing U.S. government securities today to prevent money from draining out of the financial system.

JPMorgan Chase & Co. strategists estimate the Fed will buy about $284 billion in Treasuries over the next year, or more than the combined purchases of Japan and China during the year ended May. Analysts at Credit Suisse Group AG forecast purchases of $307 billion, with $47 billion coming from the proceeds of maturing agency debentures.”

Read on here: Fed’s Outright Treasury Debt Purchases May Top $300 Billion – BusinessWeek